1400 S MINEOLA ST, Midland TX

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1400 S MINEOLA ST, Midland TX 79701

Asking Price: $69,000

Property Description

Cheap property in South Midland! 3 bed 1 bath home would be a great rental, owner finance, or flip. Can’t go wrong in this neighborhood.. perfect for future families with Travis elementary and Midland Freshmen just a couple blocks away. Worried about house prices in this economy? There aren’t very many updated houses below $175k in Midland..

The Numbers
Estimated After-Repair-Value (ARV) $150,000
Asking Price ($69,000)
Estimated Repairs ($40,000)
Gross Profit Potential $40,000+
Rent Estimate $1,500
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Property Photos

Facts and Features
Type Single Family Residence Garage N/A
Year Built 1958 Roof Type Composition
Home Square Feet 1,128 Foundation Type Slab
Lot Size 0.228 Acres, 9,940 SF Exterior Material Brick/Siding
Bedrooms 3 Number of Levels 1
Bathrooms 1
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Comparable Homes – Sold Square Feet Sold Price Price Per SF
1305 Colorado St 1,120 $177,900 $158
1408 S Mineola 1,128 $145,000 $128
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DISCLAIMER: House is being sold as-is, and buyer is to pay all closing costs. No representations written or oral are made concerning the property above. Price based on a cash or hard money offer and is net to seller, 7-10 day close of escrow is required. Buyers to do their own independent due diligence and take any necessary precautions to verify any and all material facts. Investidom and its members/representatives make no guarantees concerning property condition, value, characteristics or financial benefits. Investidom may or may not currently own the properties being marketed and may be marketing the equitable interest however great or small in the given properties (without any warranty or representation other than it is the buyer under the subject contract). Opinion of value is given as courtesy. Our opinion is just an opinion and seller makes no guarantees or warranties, express or implied, as to the value or condition of the home.